The Association of Road Contractors is demanding that the government pay its members’ GH5.9 billion debt immediately. According to the road contractors association, its members are struggling to repay bank loans used to complete projects as interest rates rise. The association said, the government owes its members money, which is affecting their businesses. According to the Association’s National Chairman, John Afful Jnr, the government only paid a small portion of the total debt. He...[Read More]
The Food and Drug Administration (FDA) has explained its prohibition on celebrities advertising alcoholic beverages in the nation. The FDA is currently facing a lawsuit from some celebrities who claim that the agency’s directive is denying them another source of income. But in a statement, the Head of the Tobacco and Substance Abuse Department of the FDA, Dr Olivia Boateng highlighted that their guidance forms part of measures to guarantee that kids are protected from being seduced into al...[Read More]
As the GHC 100 per day threshold has been removed, any amount of money transferred electronically from one account to another will be subject to the now-reduced 1% Electronic Transactions Levy (E-Levy). Finance Minister Ken Ofori-Atta has announced that the government will reduce the controversial and burdensome Electronic Transactions Levy (E-Levy) from 1.5% to 1% and remove the GHC 100 transaction threshold. He revealed this on the floor of parliament while delivering the budget for 2023. Acco...[Read More]
The Minister of Finance, Ken Ofori-Atta, has announced that government employment will be frozen beginning next year. According to him, there will be a moratorium on civil and public service recruitment beginning in January 2023. This was stated by him during the ongoing budget presentation at Parliament House in Accra. “From January 2023, there will be a hiring freeze for civil and public servants.” A reduction in appointment spending, including salary freezes, as well as the suspen...[Read More]
Andy Kwame Appiah-Kubi, a spokesperson for Members of Parliament on the Majority Caucus who are demanding the dismissal of Finance Minister Ken Ofori-Atta, has stated that if Mr. Ofori-Atta is not fired, they will not participate in the 2023 Budget hearing and passage. Mr. Appiah-Kubi, Member of Parliament for Asante-Akim North, believes Ken Ofori-Atta is not as indispensable as he is portrayed to be. “Can’t others present the budget if he isn’t present?” Nobody is unavoi...[Read More]
The Bank of Ghana has denied allegations made by Isaac Adongo, Member of Parliament for Bolgatanga Central, that it illegally gave the government over GH70 billion to finance maturing domestic debts. The Central Bank described the allegations as “false and unfounded,” adding that they are intended to “undermine the hard-won credibility of the Bank of Ghana and its Management.” Mr. Adongo claimed that the Central Bank’s action violated the Financial Management Act. I...[Read More]
Siapha Kamara, Chief Executive Officer of SEND Ghana, claims that the low prices paid to cocoa farmers amount to human rights violations. According to Siapha Kamara, the condition of cocoa farmers is deteriorating, while market forces determine cocoa farmer prices. On Wednesday, he was speaking to journalists at a high-level “Conference on Living Income and Human Rights in Ghana’s Cocoa Sector.” According to the forum of civil society organisations in the cocoa sector, the six ...[Read More]
Fuel price increases are affecting not only ordinary Ghanaians but also Members of Parliament. During Parliamentary proceedings on Friday, November 4, Majority Leader Osei Kyei-Mensah-Bonsu presented a business statement for next week. Following the business statement, Asuogyaman lawmaker Thomas Ampem Nyarko requested that the Business Committee, chaired by the Majority Leader, reduce the number of parliamentary sitting days from five to two per week. He also asked the House to consider increasi...[Read More]